Which one of the following characteristics does not pertain to corporations?

Question:

Which one of the following characteristics does not pertain to corporations?

a. Can enter into contracts.

b. Can borrow money.

c. Are the easiest type of business to form.

d. Can be sued.

e. Can own stock in other companies.

Answer:

The answer that does not pertain to corporations is:

c. Are the easiest type of business to form.

 

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